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Home / Author Archives: M. Faizan

Author Archives: M. Faizan

Haroon, Zahid Khokhar attend meeting on Integrated Trade Management System

SPECIAL ASSISTANT TO PRIME MINISTER ON REVENUE HAROON AKHTAR KHAN MEETING WITH A DELEGATION OF ASIAN DEVELOPMENT BANK AT FBR HOUSE IN ISLAMABAD ON DECEMBER 12, 2017.

ISLAMABAD: The federal government, with the financial assistance of the Asian Development Bank (ADB), has embarked on a flagship project titled “Integrated Transit Trade Management System”, under which three state-of-the-art border complexes would be established at the border posts of Torkham, Chaman and Wagah. The objective of the project is to facilitate trade with neighbouring countries without compromising on the ... Read More »

Pakistan Army takes lead in FBR’s Taxpayers Outreach Program

tax returns

ISLAMABAD: Taxpayers Outreach Program of the Federal Board of Revenue (FBR) has been launched to approach and facilitate taxpayers, being individual employees, through their employers for filing of their returns. This program is a step towards broadening the tax base in the country. The Pakistan Army took the lead in this respect and subsequently the FBR has started a series ... Read More »

About 2,400 bottles of Johnny Walker valued at Rs23m seized

liquor

ISLAMABAD: The Directorate of Customs Intelligence and Investigation Rawalpindi foiled an attempt to smuggle a huge quantity of imported liquor and impounded 2,400 bottles of expensive fine quality of Johnny Walker, Red Label Scotch whisky, worth Rs23million. The whisky was imported in the name of Tajikistan embassy in Islamabad. The Customs Intelligence Rawalpindi has lodged an FIR and arrested two ... Read More »

Haroon appreciates FBR deterrence against tax evasion

Photo of Haroon Akhtar world Bank

ISLAMABAD: The International Monetary Fund (IMF) has showed satisfaction on the efforts of the Federal Board of Revenue (FBR) to collect the tax revenue as well as stressed the need for broadening the tax base. According to the details, IMF’s Post-Program Monitoring Mission met with Special Assistant to Prime Minister Haroon Akhter regarding tax policy and administrative issues while Chairman ... Read More »

FBR chairman Pasha denies appointment of corrupt officials in field formations

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ISLAMABAD: The Federal Board of Revenue (FBR) has sent the reply of a letter to the Prime Minister’s Office, which had been sent by the secretary to prime ministr, Fawad Hassan Fawad, regarding the appointments of corrupt officials on attractive posts in field formations. According to the FBR sources, FBR Chairman Tariq Mehmood Pasha denied all the allegations, which were ... Read More »

PM visits FBR, orders action against tax evaders, corrupt officials

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ISLAMABAD: Prime Minister Shahid Khaqqan Abbasi has urged the chairman and other officers of the Federal Board of Revenue (FBR) to expedite their efforts to broaden the tax base and take stern action against tax evaders and corrupt board employees. According to the FBR sources, the prime minister paid a surprise visit of the FBR and met with Special Assistant ... Read More »

Govt committed to promote real estate sector: Haroon Akhtar

Photo of Meeting with real estate

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said the government is committed to promote real estate sector and facilitate the overseas Pakistanis to invest in the sector to boost remittances and maximizing revenues. The government values the importance of real estate sector for driving the national economy forward and the government is fully committed to ... Read More »

FBR to consult govt departments, agencies to identify potential taxpayers: Member Khawaja Tanveer

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ISLAMABAD: The Federal Board of Revenue (FBR) has started a campaign against non-filers and tax evaders, Khawaja Tanveer Ahmad Member Operations has said. The board has collected the data of the citizens from various government agencies, including National Data Base Registration Authority, Water and Power Development Authority, Motor Registration Authority and Excise and Taxation offices, cellular companies, Pakistan Telecommunication Corporation, ... Read More »

Govt to work with businessmen to strengthen manufacturing sector: Haroon Akhtar Khan

Photo of Pakistan Business Council at FBR House today

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said that the government is trying to spur growth in the manufacturing sector and is willing to work with the businessmen to strengthen the manufacturing sector. Talking to a delegation of the Pakistan Business Council led by Council founder Ali Habib and Chairman Ahsan Malik, he said that ... Read More »

FBR Chairman Pasha to preside over Board-in-Council meeting next week

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ISLAMABAD: A Board-in-Council meeting of the Federal Board of Revenue (FBR) will be held next week at the FBR headquarters. FBR Chairman Tariq Mehmood Pasha will chair the meeting. FBR Member Information Technology Khawaja Adnan Zahir will give a presentation regarding the FBR Data Centers. Member Operations Inland Revenue Khawaja Tanvir Ahmed, Member Human Resource Management Rozi Khan Burki, Member Administration ... Read More »

NTC successfully links its system with WeBOC  for collection of duty, taxes

WEBOC

ISLAMABAD: The National Tariff Commission (NTC) has informed the National Assembly standing committee of commerce that the it has successfully linked its system with Pakistan Custom’s WeBOC for immediate collection of duty.  Meeting of the Standing Committee on Commerce and Textile was held under the chairmanship of Siraj Muhammad Khan, MNA in Parliament House, Islamabad, on Thursday. The Chairman Pakistan ... Read More »

FBR collects Rs 270b by posting growth of 24pc during November

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ISLAMABAD: The Federal Board of Revenue (FBR) has continued to display satisfactory performance during the fifth consecutive month of the current financial year and achieved provisional net revenue collection of over Rs 270 billion for the month of November, 2017 by recording an increase of around 24 percent over the revenue collected during the corresponding month of the last fiscal ... Read More »

FBR extends date of filing of income tax returns till December 15

tax returns

ISLAMABAD:The Federal Board of Revenue (FBR) has extended the date of filing of the income tax returns and statements for the tax year 2017 for another 15 days till December 15, 2017. According to a circular issued by the secretary Rules and SROs Ajaz Hussain, the FBR has exercised the powers under section 214A of the Income Tax Ordinance, and ... Read More »

NA committee directs PNSC not to compromise on quality of shipping vessels

Photo of NA Port and Shipping Committee

ISLAMABAD: The National Assembly Standing Committee has asked the Chairman Pakistan National Shipping Corporation not to compromise on the quality of the shipping vessels (Ferries) and ensure to buy quality shipping vessels. The 40th meeting of the Standing Committee on Port and Shipping  (Maritime Affairs) was held under the chairmanship of Syed Ghulam Mustafa Shah, MNA, to discuss the agenda ... Read More »

Third Chief Commissioners conference will be held on December 6

Commissioner-Aftab-Alam

ISLAMABAD: The third Chief Commissioners conference will be held on December 6, 2017 at the FBR headquarters. Special Advisor to Prime Minister on Revenue Haroon Akhtar and Chairman Federal Board of Revenue Tariq Pasha will preside over the conference while all chief commissioners of the Large Taxpayers Units (LTU), Corporate Regional Tax offices and Regional Tax Offices will participate in ... Read More »

FBR should convene meeting with real estate stakeholders to resolve issues

real estate

ISLAMABAD: The Standing Committee on Finance and Revenue of the National Assembly recommended that FBR should allow the real estate sector for declaration of actual price of the land and directed the Federal Board of Revenue to convene meeting with real estate stakeholders for resolving the matter. The 62nd meeting of the Standing Committee on Finance, Revenue and Economic Affairs ... Read More »

FBR Chairman Tariq Pasha advises officers to perform their duties honestly

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ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha has advised the officers of the Inland Revenue to perform their duties with honesty, dedication and hard work, because the country needs it and this will also pay them back. These views were expressed by The chairman after inaugurating a new RTO office in Islamabad. Member Inland Revenue Operations Khawaja ... Read More »

Secretary to PM seeks explanation from FBR chief on appointment of ‘corrupt’ officials

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ISLAMABAD: On the issue of good governance, Secretary to Prime Minister Fuwad Hassan Fuwad, on behalf of Prime Minister Shahid Khaqan Abbasi, has sought explanation from Federal Board of Revenue (FBR) Chairman Tariq Mehmood Pasha regarding the appointment of  five ‘corrupt’ officers in field formations namely Abdul Hamid Anjum, (BS-19), Sajid Hussain Arain,(BS-18), Abdul Hamid Abr, (BS-18), Jawahar Ali Shah, ... Read More »

FBR taking effective measures for broadening of tax base: Haroon Akhtar

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ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said that FBR gets significantly more tax filers from corresponding period of last Fiscal Year. He said that FBR making concerted efforts for the broadening of tax base and the focus has shifted from burdening the existing taxpayers to finding new taxpayers.”All our energies are now concentrated on ... Read More »

FBR directs RTOs to attach moveable & immoveable assets of tax defaulters

Excise seals 79 propeties, impounds 79 vehicles during action against defaulters

ISLAMABAD: The Federal Board of Revenue (FBR) has adopted strict policy against tax defaulters and directed all Regional Tax Offices to attach moveable and immoveable assets of all tax defaulters under the Rule 158 of the Income Tax Rules, 2002 without any delay. Sources told Customs Today that Regional Tax Office already implemented the directions of the FBR and started ... Read More »